MYE definition

MYE has the meaning set forth in the preamble.

Examples of MYE in a sentence

  • An MYE may also be used to make funding available for an initial payment (advance) if there is existing contract language allowing for an advance payment to be made to a contractor.

  • When an MYE is used to continue cash flow during this gap period, an agency continues to submit monthly invoices until the contract is updated through a modification.

  • If there is a gap between the certification of an updated annual contract, and the beginning of a new contract cycle, a Multi-Year Encumbrance (MYE) is often used to continue cash flow.

  • I AGREE TO ABIDE BY THE NET METERING AND/OR INTERCONNECTION AGREEMENTS AND INTERCONNECTION POLICIES, BYLAWS, OTHER POLICIES, REGULATIONS, RATE SCHEDULES, AND ANY OTHER WRITTEN AGREEMENTS AS SET FORTH BY THE MYE BOARD OF TRUSTEES.

  • IF CUSTOMER-GENERATOR IS IN DEFAULT HEREUNDER, AND FAILS TO CURE THE DEFAULT WITHIN 10 DAYS, MYE HAS THE RIGHT TO TERMINATE THIS AGREEMENT.

  • The BO-Budget Unit prepares a schedule identifying the funding available for an encumbrance which is the lower of the previous year’s budget and the current year’s funding available at the time of the MYE.

  • An MYE may only be used if the encumbrance amount, and the time period the encumbrance covers are within the Term and Not to Exceed Amount of the current agreement.

  • Multi-Year Encumbrance (MYE) MYE To pay a contractor for its contracted services, funding equal to the amount of the contractor’s certified budget (Appendix B) is encumbered annually.

  • In other words, an MYE is a process used to continue to pay a contractor, pending the approval of an updated annual budget/Appendix B (corresponding to an updated Funding Notification letter).

  • Texas - WhiteRidge Plastics, LLC North Carolina MYE Automotive, Inc.